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Lyft stock soared as much as 30% Thursday as the company’s turnaround plan pushed ridership to an all-time high.The ridesharing company posted a record 217 million rides for the quarter ended ...
Lyft's gross bookings beat Wall Street forecasts, rising 17% year-over-year to $3.7 billion. Lyft's guidance for first-quarter bookings between $3.5 and $3.6 billion also came in higher than ...
Lyft's December-quarter revenue was at a record high, rising 26.6% to $1.55 billion, and was in line with the estimates of $1.56 billion, according to data compiled by LSEG.
(Reuters) -Lyft beat estimates for quarterly profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as it benefits from cost cuts and pushes back against ...
In an earnings statement released after the bell, Lyft estimated its gross margin would expand by 500 basis points, or 5 percentage points. That sent the company’s stock shooting higher.
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
(Reuters) -Lyft's shares tanked 16% on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be losing ground to rival Uber. Shares fell to an eight-month low of ...
And the company notched net income of $5 million compared to a $114.3 million loss a year ago. Active riders hit an all-time high for Lyft at 23.7 million, up 10% year over year.